Wednesday, March 3, 2010

HIRING AND COMPENSATION IN Q1

HIRING
Twenty percent of employers say they increased their headcount in the last three months. Thirteen prevent reduced headcount while 66 percent reported no change and 1 percent were undecided.

Employers are expected similar results for the upcoming quarter. Twenty prevent of employers plan to add employees in Q1 2010. Nine Percent will decrease headcount while 66 percent anticipate no change and 6 percent are undecided.

COMPENSATION
With a large number of annual salary increases taking place in the first quarter, 45 percent of employers expect to raise compensation levels in the next three months. Thirteen percent say the average raise amount will be 4-10 percent, while 1 percent anticipate an average raise of 11 percent or more.

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